Sky ecosystem expands USDS stablecoin adoption with Galaxy's $100M treasury allocation, institutional credit facility, and Binance Wallet integration.
DeFi & Yields ·
Galaxy allocated $100M in USDS stablecoin to its treasury while Sky ecosystem launched a $500M credit facility for institutional digital-asset loans and integrated USDS into Binance Wallet's Hold to Earn feature. The SKY token was trading around $0.076, up 7% on the day, with an approximate $1.7B market capitalization.